GT GOLD (08299) completed the placement of 398 million shares, raising approximately 1.653 billion Hong Kong dollars.

date
20:47 27/05/2026
avatar
GMT Eight
Great Tang Gold (08299) announced that all conditions specified in the subscription agreement have been met, and the completion occurred on May 27, 2026. The joint placement agents successfully placed a total of 3.98 billion shares at a subscription price of HK$0.4275 per share to at least six subscribers in accordance with the terms and conditions of the subscription agreement. The total amount raised from the subscription is approximately HK$170.2 million, with a net amount of approximately HK$165.3 million after deducting expenses.
GT GOLD (08299) announced that all conditions set out in the subscription agreement have been met and completion took place on May 27, 2026. The joint placement agents successfully placed a total of 398 million shares at a subscription price of HK$0.4275 per share to no fewer than six subscribers in accordance with the terms of the subscription agreement. The total proceeds from the subscription amounted to approximately HK$170.2 million, with a net proceeds of approximately HK$165.3 million.